18
Corferias First quarter results 2015
Corferias
First quarter results 2015
I. Significant events
II. First quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the second quarter
V. Questions
Table of contents
I. Significant events
II. First quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the second quarter
V. Questions
Finances
• The Interim Consolidated Financial Statements have been prepared under the guidelines of International Financial Reporting Standards, which are fully applicable to Corferias from January 1, 2015 for belonging to group 1.
• Financial leverage through local banks.
Sign
ific
ant
even
ts
Corferias Hotel
5
InfrastructureSi
gnif
ican
tEv
ents
Green Parking
Puerta de Oro - Barranquilla
6
Third party infrastructure operation
International CenterConventions Ágora Bogotá
Sign
ific
ant
Even
ts
I. Significant events
II. First quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the second quarter
V. Questions
• 15 events were held during the first quarter generating revenues of more than 2.779 million.
• At these events sectors such as telecommunications, banking, technology and entertainment involved.
First quarter-Exhibitions
Fairs Lease
Month EventsJanuary 3
February 4March 8
Colombian business platform specializing
in footwear, leather manufactures, supplies
and technology, which integrates the latest
trends in design and fashion through the
main collections that exposes the
Colombian industry and invited countries.
Presented a total of 36,122 attendees in
two days and business environment. The
event attracted 1,046 exhibitors and co-
exhibitors, obtained the participation of 32
departments which presented the best of
their destinations.
Organizers: ACICAM
Organizers: ANATO
I. Significant events
II. First quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the second quarter
V. Questions
0
2
0
2 2
3
4
7
2
6
5
1
3
4
8
3
5
8
3
5
6
5
6
19
0
5
10
15
20
25
0
2
4
6
8
10
12
14
16
18
20
January February March April May June July August September October November December
Fairs Events TOTAL
Dynamic BusinessFi
nan
cial
Situ
atio
n
Execution 2014 Budget 2015 Execution 2015
Income from ordinary activities 4,856,283,993.12 5,950,024,359 6,955,737,801
Cost of sales - 42,852,500 76,214,215
Gross profit 4,856,283,993.12 5,907,171,859 6,879,523,585
Other income 352,308,364.27 18,630,000 380,534,725
Administrative expenses 6,894,120,050.02 9,040,023,384 6,983,560,594
Selling expenses 2,018,693,757.00 727,800,695 1,772,542,177
Other expenses 28,629,468.19 364,980,510 110,271,544
Gains (losses) from operating activities -3,732,850,917.82 - 4,207,002,729 -1,606,316,005
Financial income 109,352,491.41 124,000,002 223,207,254
Finance costs 145,505,319.26 100,175,004 65,428,980
Profit (loss) before taxes -3,769,003,745.67 - 4,183,177,731 -1,448,537,730
Income (expense) tax - 50,339,000.00 -7,718,706
Gain (loss) -3,819,342,745.67 - 4,183,177,731 -1,456,256,436
Consolidated Statement of Comprehensive Income-First Quarter
𝐺𝑟𝑜𝑠𝑠 𝑝𝑟𝑜𝑓𝑖𝑡
𝑁𝑒𝑡 𝑠𝑎𝑙𝑒𝑠= 99%
Gross margin
Operating Income
Net Margin
𝑁𝑒𝑡 𝑖𝑛𝑐𝑜𝑚𝑒
𝑁𝑒𝑡 𝑠𝑎𝑙𝑒𝑠= −21%
𝑂𝑝𝑒𝑟𝑎𝑡𝑖𝑛𝑔 𝑖𝑛𝑐𝑜𝑚𝑒
𝑁𝑒𝑡 𝑠𝑎𝑙𝑒𝑠= −23%
Fin
anci
alSi
tuat
ion
Consolidated Statement of Financial PositionFi
nan
cial
Situ
atio
n
532,878,262,609
104,892,512,988
427,985,749,620
ASSETS LIABILITIES EQUITY
6%
14%0%
79%
1%Current assets
Investment
Intangible
Property, plant andequipment
Deferred charges
50%
5%10%
35%
Current liabilities
FinancialObligations
Provisions andcontingencies
Deferred liabilities
𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑜𝑏𝑙𝑖𝑔𝑎𝑡𝑖𝑜𝑛𝑠
𝐸𝑞𝑢𝑖𝑡𝑦= 2.1%
Short term$ 3,600,000,000
Long term $ 5,200,000,000
𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠
𝑇𝑜𝑡𝑎𝑙 𝑙𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠= 20%
Debt to equity ratio
Debt to equity
Autonomy ratio
𝐸𝑞𝑢𝑖𝑡𝑦
𝑇𝑜𝑡𝑎𝑙 𝑎𝑠𝑠𝑒𝑡𝑠= 80%
Debt RatiosFi
nan
cial
Situ
atio
n
I. Significant events
II. First quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the second quarter
V. Questions
Trade shows run in the second quarter
FADJA FILBOExpoconstruccióny Expodiseño
Jóvenes empresarios
Andigráfica Expopartes
Automatisa
Events run in the second quarter
• 16 events will be held:
• Consulta Interna de Partidos• Fiesta Gtech• Lanzamiento Trade Marlboro• Expomarketing• Conferencia Internacional CCB• Lideres Ecopetrol• Encuentro docentes• Carrera Allianz• Reunión IDIGER• Elecciones CANAPRO• Lanzamiento Yves Roche• Evento Acueducto Día Madre y Padre• Futbolxpo• Convención Amway• Convocatoria supernumerario• Xango Colombia
I. Significant events
II. First quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the second quarter
V. Questions
Contacts
MARIO CAJIAO
Vice President of Planning and Corporate Affairs
Corferias Secretary General - Liliana Oyuela Taborda
Carrera 37 No. 24-67 Bogotá - 3810000 exts. 5044 – 5041
